Verse 1 I waited The 40th Psalm speaks of Messiah, Jehovah's Servant, obedient unto death. The Psalm begins with the joy of Christ in resurrection (Psalms 40:1,2). He has been in the horrible pit of the grave, but has been brought up. Verses 3-5 are His resurrection testimony, His "new song." Verses 6 and 7 are retrospective. When sacrifice and offering had become abominable because of the wickedness of the people Isaiah 1:10-15 then the obedient Servant came to make the pure offering ; Psalms 40:7-17; Hebrews 10:5-17. See Psalm 41., next in order of the Messianic Psalms. Verse 3 fear (See Scofield "Psalms 19:9") . Verse 4 trust (See Scofield "Psalms 2:12") .